NASSAU, Bahamas -- Abaco Markets Limited Chairman R. Craig Symonette and Vice-Chairman Frank Crothers are set to retire from their respective positions after 20 years – recently indicating that they will not offer themselves for those positions at the Company’s next Annual General Meeting.

Bank of The Bahamas (BOB) Chairman Richard Demeritte yesterday sought to walk back the impression that during the troubled bank's recent annual general meeting (AGM) on the weekend he confirmed that politically influenced loans had been made by the bank in the past.

A former Chamber of Commerce president believes modest year-over-year sales increases across his group for the first four months of 2011 indicate the economy has "bottomed out", as he again urged the Government to "put its boot to the neck of the contractor" spearheading the New Providence Road Improvement Project.

While group sales at his Superwash laundromat business were up by 1-2 per cent y...

CEO of Superwash and a former director of Baha Mar Dionisio D'Aguilar said doing business in The Bahamas is difficult for foreign investors because Bahamians are prejudiced against people from other countries.

Former Baha Mar director Dionisio D'Aguilar said the government is being "bamboozled and misled" by China Construction America (CCA) and the Export-Import (CEXIM) Bank of China, whom he referred to as the government's "Chinese counterparts".

I am advised that certain allegations about me personally and my performance as a Minister were made by the owner of Superwash and a former Board member of the failed Baha Mar project Dionisio D'Aguilar.

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